Direxion Daily S&P Biotech Bear 3X ETF (LABD) Options History
Historical options analytics archive for LABD with monthly max pain, implied volatility, gamma exposure, and put/call data.
129 months of complete options data available.
LABD monthly aggregates
Month-by-month rollups derived from the daily snapshot archive for LABD. Volatility and put/call columns are averages across trading days within the month; max pain, net GEX, and net DEX are the end-of-month values (last trading day of the month).
| Month | Days | Avg ATM IV | Avg IV Rank | End Max Pain | End Net GEX | End Net DEX | Avg P/C |
|---|---|---|---|---|---|---|---|
| 2026-06 | 13 | 93.4% | 43.1% | $8.50 | $23.0K | $85.8K | 0.78 |
| 2026-05 | 15 | 93.4% | 43.1% | $24.00 | -$20.0K | -$1.8M | 2.38 |
| 2026-04 | 17 | 92.4% | 36.2% | $15.00 | $105.2K | -$6.9M | 1.25 |
| 2026-03 | 19 | 106.1% | 43.2% | $18.50 | -$49.5K | -$1.6M | 2.46 |
| 2026-02 | 19 | 92.8% | 33.6% | $15.00 | -$68.5K | -$3.4M | 1.70 |
| 2026-01 | 20 | 86.0% | 28.7% | $22.00 | $616.7K | -$7.9M | 0.73 |
This archive aggregates LABD's daily end-of-day options snapshots into monthly summaries, spanning 2015-10 through 2026-06. Each month rolls up the underlying snapshot archive, which provides continuous end-of-day coverage from 2007 to present: implied-volatility levels, IV rank, and the put/call ratio are time-averaged across the month; total call and put volume are summed; and dealer positioning (net gamma and delta exposure) and the max-pain strike are taken at the month's final trading day. The result is a long-horizon view of how LABD option pricing, volatility regime, and dealer hedging pressure evolved month over month, useful for backtesting strategy assumptions and for studying volatility-regime shifts around earnings and macro events. The most recent aggregated month (2026-06) shows an average ATM implied volatility near 93.4%, a month-end max-pain strike around $8.50, an average put/call ratio of 0.78.
2026
Jan | Feb | Mar | Apr | May | Jun
2025
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2024
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2023
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2022
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2021
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2020
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2019
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2018
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2017
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2016
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec
2015
Frequently asked LABD history questions
- How much options history is available for LABD?
- This archive holds 129 months of LABD options analytics, spanning 2015-10 through 2026-06. Each entry is a monthly rollup of LABD's daily end-of-day options snapshot record, which provides continuous coverage from 2007 to present. Use the year-grouped links on this page to jump to any specific month within the LABD archive.
- What data does each monthly LABD aggregate contain?
- Every monthly row summarizes that month of LABD option activity: time-averaged ATM implied volatility and IV rank, the month-end max-pain strike, end-of-month net dealer gamma (GEX) and delta (DEX) exposure, the average put/call ratio, and total call and put volume. For example, 2026-06 recorded an average ATM implied volatility near 93.4%, an average IV rank of 43.1%, a month-end max-pain strike around $8.50, an average put/call ratio of 0.78.
- How is the LABD options-history archive built and how often does it update?
- The archive is derived from LABD's daily end-of-day options snapshots, which capture spot, the full listed chain, implied volatility, and dealer-positioning exposures each trading day. Those daily records are rolled up into the monthly summaries shown here and refreshed as new end-of-day data lands. Traders use the long-horizon view to backtest strategy assumptions, study how LABD's volatility regime shifts around earnings and macro events, and compare current dealer positioning against historical norms.